Bellway reports strong Q2 2025 earnings, improving demand

Bellway p.l.c. reported strong earnings for the first half of 2025. The company completed nearly 4,600 homes, a 12% increase from the previous year. This rise in completions has led to higher profits. The company noted an improved trading environment. After a slow start to the financial year, there has been a noticeable increase in homebuyer interest and reservations since January. Bellway's Chief Executive Officer, Jason Michael, mentioned that demand feels more stable, thanks to steady mortgage rates. Bellway aims to complete 8,500 homes by the end of the year. They reported a 20% growth in their order book, which now stands at over 4,700 homes. The number of sales outlets has also risen, averaging 248 during this period. The company has a solid land bank of 95,000 plots, with more than 30,000 already approved for development. Michael expressed confidence in the company’s operational strength and ability to meet its targets.